More Questions on Indian Economy
- Q. In India the term Black Revolution is associated with:
A)Nurturing the Black Soil
B)Self-dependence in the production of petroleum crude oil
C)Self-dependence in the production of coal
D)Self-dependence in the production of balck corp
Answer: Self-dependence in the production of petroleum crude oil
- Q. The annual yield from which of the following Union Government taxes is the highest?
A)Corporation tax and income tax
B)Inheritance tax, wealth tax, interest tax and gift tax
C)Custom duties
D)Excise duties
Answer: Excise duties
- Q. In India, which one among the following formulates the fiscal policy?
A)Ministry of Finance
B)Planning Commission
C)Finance Commission
D)The Reserve Bank of India
Answer: Ministry of Finance
- Q. Government has merged Annapurna Scheme with:
A)Ujjwala
B)IRDP
C)National Old Age Pension Scheme
D)None of these
Answer: National Old Age Pension Scheme
- Q. Which of the following is the first Indian private company to sign an accord with Government of Myanmar for oil exploration in two offshore blocks in that country?
A)Essar Oil
B)Reliance Energy
C)GAIL
D)ONGC
Answer: Essar Oil
- Q. One rupee currency note in India bears the signature of-
A)Finance minister of India
B)The president of India
C)Governor (RBI)
D)Finance secretary of Government of India
Answer: Finance secretary of Government of India
- Q. Who is the author of the book Man and Economics?
A)Robert Mundel
B)Rudi Dornbusch
C)Myron Scholes
D)George Akerlof
Answer: Robert Mundel
- Q. Green Banking channel has been launched by:
A)State Bank of India
B)Reserve Bank of India
C)Punjab National Bank
D)Bank of Baroda
Answer: State Bank of India
- Q. Gilt-edged market means
A)market of government securities
B)market of guns
C)bullion market
D)market of pure metals
Answer: market of government securities
- Q. Since the inception of the co-operative movement, rural credits has been
A)rationalized
B)institutionalized
C)cheapened
D)All of the above
Answer: All of the above
- Q. The Ministry and programme Implementation – as an independent Ministry came into existence on :
A)January 15, 1998
B)October 15, 1999
C)September 15, 1999
D)June 15, 1999
Answer: October 15, 1999
- Q. The concept of zero-based budgeting was given by:
A)Peter drucker
B)Jagdish bhagwati
C)Peter A. Payer.
D)None of these
Answer: Peter A. Payer.
- Q. Open market operation is a part of:
A)Debit Policy
B)Credit Policy
C)Deposit Policy
D)None of these
Answer: Credit Policy
- Q. The chairman of 13th finance Commission was:
A)K C Neogy
B)Nand Kishore Singh
C)Vijay L. Kelkar.
D)Y V Reddy
Answer: Vijay L. Kelkar.
- Q. A proportion of the total deposits and reserves of the commercial banks that is to be kept with the Central Bank (RBI) on liquid form as a measure of control of RBI over the Commercial Banks is known as:
A)Statutory Liquidity Ratio (SLR)
B)Bank rate
C)Cash Reserve Ratio (CRR)
D)Mandatory deposit
Answer: Cash Reserve Ratio (CRR)
- Q. National food for Work programme aimed at intensifying the generation of supplementary wage employment was launched in:
A)September 2003
B)November 2004
C)October 2004
D)January 2004
Answer: November 2004
- Q. The national food for work programme was launched in:
A)April 2003
B)November 2004
C)May 2002
D)April 2000
Answer: November 2004
- Q. Government has merged Annapurna Scheme with:
A)Ujjwala
B)National Old Age Pension Scheme
C)IRDP
D)None of these
Answer: National Old Age Pension Scheme
- Q. Open market operation is a part of:
A)Debit Policy
B)Deposit Policy
C)Credit Policy
D)None of these
Answer: Credit Policy
- Q. In India, the first bank of limited liability managed by Indians and founded in 1881 was
A)Oudh Commercial Bank
B)Hindustan Commercial Bank
C)Punjab National Bank
D)Punjab and Sind Bank
Answer: Oudh Commercial Bank
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